Microenterprise Business Grant Program In Oneida County
A new program in Oneida County will provide grants to existing or start-up small businesses.
Mohawk Valley EDGE will administer the microenterprise grant program.
“It is one of EDGE’s goals to assist local businesses, so administering this program was a natural partnership” said County Executive Anthony Picente. “EDGE has vast experience in being an administrator of loan and grant funds from federal, state, and county sources since its inception in 1998.”
Businesses will be eligible for grants ranging from $5,000 to $35,000.
Grant recipients will need to provide a minimum of 10% equity in the project.
Business must be located within the County of Oneida. Businesses located in the HUD entitlement cities of Utica and Rome are not eligible to apply.
Funding for the program comes from a $200,000 grant from the New York State Office of Community Renewal.
Fore more information on the program, visit www.mvedge.org.